Well I did some research and there will be a season 2, but we need to sight a petition and they need 100,000 signatures for it to come out. Here's the website for it http://www.petitionspot.com/petitions/skipbeatseason2
Hope it works!

Oh my god I wish there was like a petition thing where we can all sign for skip beat season 2!!! Like it's so amazing! They shouldn't worry about the amount of popularity they get in Japan!!! I mean they should but like... I LOVE SKIP BEAT!!!!!!!!!! IT GOT ME SO HOOOKED ONTO ACTING IF IT WASN'T FOR THIS I WOULDN'T BE TAKING ACTING CLASSES!!!!

I'm sure that they will be making a 2nd Season. They are probably waiting for the manga to continue further. As you all have probably notice, the release is only a chapter per month. Which may I add is killing me!!! I really want to know what happens next and how the story will progress all of this waiting and tension is making me wither away~